May 11, 2010 at 14:15 PM EDT
The eMini Me Crash?, or Did a Butterfly Flap its Wings in Chicago?
Last week I conjectured that a likely starting place for the May 6 crash-boom was the index futures market. The WSJ ran an article today that claims a 50,000 contract options trade (ironically from the firm associated with Nassim Taleb, of Black Swan fame) touched off the dive. Eric Noll, an Executive VP [...]
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